With large swathes of society working from home, schools shuttered, and the entertainment sector shut down, the economy is taking a big hit. We’re quickly diving deep into a big economic shock and long-term recession. International trade and travel have diminished. Supply chains are distorted as factories and borders are closed. Given a decline in demand, plus government measures to protect public health, whole sectors face a sudden, sharp decline in revenue. Whilst there are large differences between sectors, this will impact the entire economy. Governments have announced large aid-packages, but this will only help curb some of the shock.
Given this scenario, it’s easy to understand the fintech community is also facing losses.
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Welcome back to the SnapShots!
Weekly insights from RedSnap's perspective about what happened in the past week. We share our three key takeaways and update you on the progress at RedSnap. Hope you enjoy our selection this week and happy reading!
Welcome to the SnapShots!
Weekly insights from RedSnap's perspective about what happened in the past week. We want to share our three key takeaways and update you on the progress at RedSnap. Hope you enjoy our selections this week and happy reading!
If you cannot make it, fake it, luidt een Amerikaans gezegde onder ondernemers. Amerikanen zijn er goed in: hun product verkopen voordat de ontwikkeling is gestart. Nederlandse ondernemers, een stuk bescheidener, zouden nog best wat kunnen leren van onze verre buur. Met alle aandacht voor onderzoek en ontwikkeling, laat de verkoop nog wel eens op zich wachten, zo blijkt uit een rondgang langs de Nieuwe Kampioenen. Te lang 'doorgehold', te laat de markt op gegaan, het vak van 'sales onderschat'.
2018 is likely to be a game-changing year for the banking and finance sector. As the General Data Protection Regulation (GDPR) and Revised Payment Service Directive (PSD2) are implemented across the European Union, the exclusive control of banks and other financial institutions on financial data of their customers is about to end. These new regulations will open the door to almost any company interested in claiming a share, particularly the tech giants, such as Amazon, Facebook, Google.
Fidor, the innovative provider of digital banking solutions that helps firms launch and run their own digital banks, today signed a partnership agreement with Van Lanschot (LANS.AS), the leading wealth management firm, founded in 1737 in the Netherlands.
Journey data company ClickFox and Data Analytics agency MIcompany are joining forces to change the way in which businesses analyze data in order to help them gain more value using Customer Journey Analytics. ClickFox will partner with MIcompany in the launching of the Data Technology Academy to develop world-class data and analytics skills that will capture value from journey analytics and MIcompany will partner with ClickFox for journey analytics implementation on their platform and enrichment with custom analytical apps.